Who runs the utilities in Indiana?
Indiana has 2,898,177 residential customers, EIA-861 2024 sales file (95% of EIA's count). Investor-owned 77.7%. Cooperative 17.2%. Municipal 5.0%. Indiana ranks 26th of 51 states, investor-owned.
Indiana homes by utility type
Indiana: customers by type, %
- 77.7Investor-owned
- 5.0Municipal
- 17.2Cooperative
| Indiana type | Utilities | Customers | Share | Price ¢/kWh | Gap ¢ (%) | kWh/mo | Nonmetro |
|---|---|---|---|---|---|---|---|
| Investor-owned | 5 | 2,252,269 | 77.7% | 14.84 | not shown | 854 | 49% |
| Municipal | 72 | 146,083 | 5.0% | 12.10 | -2.74 (-18%) | 786 | 42% |
| Cooperative | 39 | 499,825 | 17.2% | 15.13 | +0.29 (+2%) | 1,109 | 48% |
| Political subdivision | 1 | 0 | none | none | not shown | none | no county data |
Indiana: 71 short-form utilities with 179,023 customers (all sectors) have no residential split, so the sales file reaches 95% of homes.
Indiana prices by utility type
municipal utilities average 12.1 cents, 2.7 cents (18%) below investor-owned at 14.8; cooperatives average 15.1 cents, 0.3 cents (2%) above investor-owned at 14.8.
Indiana gaps mix cost and customer mix; method.
Indiana: which utilities set the averages
Cooperative at 15.1 cents and municipal utilities at 12.1 are the widest pair in Indiana, 3.0 cents (25%).
Investor-owned: Duke Energy Indiana, LLC holds 35% of priced customers at 12.7 cents, group average 14.8. Among 5 with 5,000+ customers, Duke Energy Indiana, LLC charges 12.7 and Northern Indiana Pub Serv Co 19.1, 6.3 cents apart.
Municipal: City of Anderson holds 20% of priced customers at 12.8 cents, group average 12.1. Among 12 with 5,000+ customers, City of Auburn charges 8.5 and City of Peru 13.7, 5.2 cents apart.
Cooperative: Hendricks County Rural E M C holds 8% of priced customers at 13.8 cents, group average 15.1. Among 26 with 5,000+ customers, Kosciusko County Rural E M C charges 13.3 and South Central Indiana REMC 17.7, 4.5 cents apart.
Indiana territory, rural or urban
Indiana has 92 counties, 52% of them nonmetro in USDA's 2023 codes. Customer-weighted: investor-owned territory is 49% nonmetro; municipal territory is 42% nonmetro; cooperative territory is 48% nonmetro.
Indiana: largest utilities
| Duke Energy Indiana, LLC | Investor-owned | 796,265 | 12.75 | 943 | 51% |
|---|---|---|---|---|---|
| AES Indiana | Investor-owned | 469,499 | 13.75 | 896 | 35% |
| Northern Indiana Pub Serv Co | Investor-owned | 430,648 | 19.09 | 659 | 50% |
| Indiana Michigan Power Co | Investor-owned | 422,062 | 16.31 | 828 | 56% |
| Southern Indiana Gas & Elec Co | Investor-owned | 133,795 | 17.52 | 886 | 57% |
| Hendricks County Rural E M C | Cooperative | 37,638 | 13.84 | 1,156 | 50% |
| South Central Indiana REMC | Cooperative | 34,901 | 17.73 | 1,077 | 14% |
| Northeastern Rural E M C | Cooperative | 30,610 | 14.96 | 999 | 67% |
| City of Anderson | Municipal | 29,533 | 12.82 | 847 | 0% |
| Tipmont Rural Elec Member Corp | Cooperative | 28,885 | 16.07 | 961 | 50% |
| Johnson County Rural E M C | Cooperative | 28,279 | 13.79 | 1,085 | 0% |
| Clark County Rural E M C | Cooperative | 27,103 | 14.63 | 1,201 | 40% |
| Southeastern Indiana R E M C | Cooperative | 26,172 | 15.22 | 1,131 | 57% |
| City of Mishawaka | Municipal | 25,071 | 10.32 | 599 | 0% |
| Jackson County Rural E M C | Cooperative | 24,215 | 15.32 | 1,252 | 50% |
| Harrison County Rural E M C | Cooperative | 23,221 | 13.88 | 1,263 | 20% |
| Kankakee Valley Rural E M C | Cooperative | 18,994 | 15.20 | 958 | 43% |
| Utilities Dist-Western IN REMC | Cooperative | 18,898 | 16.10 | 1,064 | 55% |
| Boone County Rural EMC | Cooperative | 18,371 | 16.51 | 1,195 | 40% |
| Heartland REMC | Cooperative | 18,013 | 14.72 | 1,195 | 75% |
| NineStar Connect | Cooperative | 17,770 | 15.68 | 1,237 | 25% |
| Kosciusko County Rural E M C | Cooperative | 17,435 | 13.27 | 897 | 75% |
| City of Richmond | Municipal | 16,310 | 13.12 | 915 | 100% |
| Western Indiana Energy REMC | Cooperative | 15,017 | 14.39 | 1,173 | 50% |
| Carroll-White REMC | Cooperative | 14,807 | 14.93 | 1,065 | 44% |
| RushShelby Energy | Cooperative | 14,761 | 16.89 | 1,151 | 44% |
| Dubois Rural Electric Coop Inc | Cooperative | 13,419 | 14.38 | 1,044 | 100% |
| Whitewater Valley Rural EMC | Cooperative | 11,998 | 15.83 | 1,123 | 67% |
| City of Greenfield | Municipal | 11,858 | 13.13 | 772 | 0% |
| Bartholomew County Rural E M C | Cooperative | 11,427 | 14.71 | 1,137 | 75% |
Compare your Indiana utility
- Pick a utility.
Indiana next to its neighbors
Indiana: municipal -18%, cooperative +2% against investor-owned. Gaps are within each state.
More
Similar investor-owned share: California 79%, New Mexico 78%, Oregon 77%, Louisiana 76%
Sources
Indiana: EIA-861 (2024), USDA RUCC (2023); retrieval dates, checksums.
Questions
Which utility type serves most Indiana homes?
Investor-owned utilities, 77.7% of 2,898,177 customers.
Do Indiana co-ops or municipal utilities charge less?
Municipal utilities averaged 12.1 cents per kWh against 14.8 for investor-owned (-18%). Cooperatives averaged 15.1 cents per kWh against 14.8 for investor-owned (+2%).
How many utilities does Indiana have?
EIA-861 (2024) lists 117; residential sales are reported by 45.
Can Indiana customers pick their utility?
No; Indiana shows almost no energy-only supply and the address sets the utility.